YEARLY HIGH
768.1225 STD
YEARLY LOW
686.0371 STD
YEARLY AVERAGE
725.9633 STD

2023 TWD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 768.1225. Conversely, the yearly low was recorded on October 28, dropping to 686.0371.

This high-to-low spread represents a total annual volatility of 82.0854 STD. From a start-to-finish perspective, comparing the January average rate of 751.0277 to the December average rate of 713.9010, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 768.1225 was down 3.36% compared to the 2022 peak of 794.8254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TWD based on timing:

Yearly Peak High 3,840,612 STD
2022 Average 3,725,218 STD
Yearly Trough Low 3,430,186 STD
Transaction Impact: A difference of 410,426.83 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

760.3391
683.8339
JanuMarcMayJulySeptNove

TWD to STD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 747.1758, compared to 704.7508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.4250 points.

H1 Avg (Jan–Jun) 747.1758
H2 Avg (Jul–Dec) 704.7508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 31.3691 STD (High: 739.9695 / Low: 708.6005). On the other end, May was the most stable month, with a tight range of 6.0225 STD (High: 746.4602 / Low: 740.4376).

July Spread (Volatile) ±31.3691
May Spread (Stable) ±6.0225

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 29.3074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -29.3074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 753.9637) against the same month in 2022 (average: 758.8116), the exchange rate shifted by -4.8479 (-0.64%).

2023 Avg (February) 753.9637
2022 Avg (February) 758.8116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 759.6349 742.6324 751.0277
February 768.1225 743.9128 753.9637
March 752.4004 739.9887 747.0657
April 750.7793 741.9854 746.8798
May 746.4602 740.4376 743.3943
June 745.9113 732.4467 740.7235
July 739.9695 708.6005 729.6075
August 705.1203 696.4825 700.3001
September 699.0435 690.9899 695.7914
October 695.4912 686.0371 690.2093
November 712.0378 687.8839 698.6956
December 726.1806 706.6633 713.9010